Obama's Recovery That Wasn't; Plus: How to Really Cut Defense Spending!
Matt Welch & Kennedy preview Reason's brand-new issue
"Today, everybody agrees that the recession is over and the question is what the pace of the expansion is going to be," said National Economic Council head Larry Summers…on December 13, 2009!
Almost every month since President Obama took office, a different member of his administration has offered a wildly optimistic prediction about the upwards direction of the economy.
"The Recovery That Wasn't," the cover story of Reason's brand-new October issue, juxtaposes those phony proclamations with the actual economic data to make a comical (and sad) commentary on the state of the job market during the Obama years.
Reason Editor in Chief Matt Welch met up with Kennedy on a rooftop in New York City to talk about "The Recovery That Wasn't" and other highlights from the new issue.
The stories from the October issue will be rolled out at Reason.com over the coming weeks. Click here for a list of stories that are already on the web.
Subscribers to the print edition of Reason receive their issues a month before the stories go live online. A year's subscription is just $14.97 for 11 issues. Click here to order now!
About 3.30 minutes. Shot by Jim Epstein and Anthony Fisher, and edited by Epstein.
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"everybody agrees that..."
"everybody knows that..."
"everybody says that..."
When you hear something like this, know the next words are probably bull$#!+.
So.....everyone knows that when you hear those phrases, the next words are probably bull?
Ahead of the curve!
whoa - looks like they're in brooklyn so...
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So, will Matt be playing the cheese grater or the cardboard tube in the Hipster Street Corner Band.
It's actually Queens.
We're in a boom. Can't you hear it?
Yes, and it made a nice crater where our country used to be.
The Earth-Shattering Ka-Boom of 2012.
Big-bada-boom.
Sassy!
"Reason Editor in Chief Matt Welch pushed Kennedy from a rooftop in New York City ..."
Oh pleas oh please!
Wait, I have to go up to the roof to read the print edition? Also, did Welch just pronounce stimulus like Wilford Brimley pronounces the diabetes?
Hope that, this will be great thing to hope!
i agreed to this.
The Recovery That Wasn't," the cover story of http://www.airmaxsalle.com/hom.....-c-46.html Reason's brand-new October issue, juxtaposes those phony proclamations with the actual economic data to make a comical (and sad) commentary on the state of the job market during the Obama years.
In the early stages of a relationship with a guy 25 years my junior (I am 45, he is 20), when we met on cougar dating site,Cougarkissing//c0'm I have to say that the comment about these guys unable to get with a girl their own age has to be way off. My man is very sexy, hot and popular and I'm amazed that he wants to be with me?but also believe he does. My main concern is not other people but my family of 3 children age 10 to 17, do any others have stories of "what the family thinks"?DFWRTGWS
You don't HAVE TO want to cut defense spending to qualify as a fiscal conservative. We continue to spend less on defense than we have historically and as a percentage of the federal budget.
Now it may be possible to cut defense but to say those who don't have no fiscal conservative bona fides is disingenuous.
Defense spending currently is on the high side in terms of a percentage of GDP since WWII. Only because the federal budget has exploded does the military budget clock in below historical standards. We roughly doubled the military budget in the last decade.
Face it, the US lives in a quiet neighborhood with no credible threats. No one is worried about those blood thirsty Canuks over running our northern border. I haven't lost any sleep worrying about those the Wehrmacht like efficiency of the Mexican army either.
The US still spends almost 1 out of every two dollars spent on militaries across the globe.
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